South Dakota Statutes
§ 9-32-18 — Perpetual care trust fund--Crediting of income.
Payments for perpetual care shall be permanently set aside in a trust fund, and only the income from the trust fund investments shall be used for the care and maintenance of the cemetery. Income from perpetual care investments shall be credited to the cemetery maintenance account as maintained within the municipal general fund. Income received from the sale of burial spaces shall be credited to the cemetery maintenance account.
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South Dakota § 9-32-18 (Perpetual care trust fund--Crediting of income.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
SL 1971, ch 71, § 3.
Nearby Sections
15
§ 9-1-1
Definition of terms.§ 9-1-9
Repealed.